Respond to the following in a minimum of 175 words:

• Discuss non-monetary benefits open trade has contributed to the world since the end of WWII. Provide at least 2 examples. Why do you think these are important?
• How have changes to US trade and tariff policies affected US trade with other nations? Consider recent (less than 2 years old) credible news sources to support your response

• World Economies Comparison Presentation

  prepare a 2-slides presentation for the 2 economies . Except for Team A, each pair of economies has 1 very successful country and 1 not so successful country.

  • Team A: NAFTA vs European Union (world’s 2 largest economic entities)

  Research each economy . Compare similarities and differences between your assigned countries/economies and how their economic, political, and cultural development since 1992 has influenced their economic growth and trade competitiveness.

  • GDP per capita growth over time
  • Inflation rate over time
  • Unemployment rate over time
  • Exports as a % of GDP over time
  • National government debt as a % of GDP

  Evaluate the reasons why the economic growth of the 2 economies/countries varied. Discuss how international trade influenced the strength of each economy. Discuss the role of value chains and value-added production.

  Cite at least 2 academically credible sources.
  Format your citations according to APA guidelines.